Wildfire Victims Sue Former Utility Management For Neglect (InsuranceNewsNet)

Wildfire Victims Sue Former Utility Management For Neglect

  Thursday, February 25th, 2021 Source: InsuranceNewsNet

A trust representing more than 80,000 victims of deadly wildfires ignited by Pacific Gas and Electric’s rickety electrical grid is suing nearly two dozen of the utility’s former executives and board members for alleged dereliction of their duty to ensure the equipment wouldn’t kill people.

The complaint filed Wednesday in San Francisco Superior Court is an offshoot of a $13.5 billion settlement that PG&E reached with the wildfire victims while the utility was mired in bankruptcy from January 2019 through June last year.

As part of that deal, PG&E granted the victims the right to go after the utility’s hierarchy leading up to and during a series of wildfires that killed more than 100 people and destroyed more than 25,000 homes and businesses in Northern California during 2017 and 2018.

John Trotter, the trustee overseeing the $13.5 billion settlement, is now following through with an action that targets a litany of former executives and board members.

The list includes two of PG&E’s former chief executives, Anthony Earley and Geisha Williams, who were paid millions of dollars during their reigns.

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